Thyssenkrupp Completes Spin Off of TKMS into Bullish Stock Market
German conglomerate Thyssenkrupp completed the previously announced spin off of its marine shipbuilder TKMS today, October 20, as the market…
2020 Bulkers Ltd. (2020) – Sale of Bulk Sao Paulo
2020 Bulkers (the “Company”) announces that it has signed an agreement to sell the 2020 built Newcastlemax vessel, Bulk Sao…
Iron ore slides on concerns over China demand prospects
Iron ore futures prices fell on Monday, as a batch of downbeat data in top consumer China sparked concerns over…
China imports no US soybeans in September for first time in seven years
China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero,…
China seen using soybeans as leverage in trade rift with US
China has made no forward purchases of US new-crop soybeans as of mid-October, marking a first in two decades, ahead…
Baltic Index Steady On Minimal Gain Across Vessel Segments
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, was unchanged on…
Shipping Freight Rates Rose 20% on Trade War Port Fees
The freight market has adjusted to the estimated impact of the port fees implemented by the US and China. In…